Watchdog: public sector pay may spiral without benchmarking
National Competitiveness Council warns unsustainable hikes could return in absence of wage setting
The head of the country’s competitiveness watchdog has called for a rigorous new benchmarking process to avoid unaffordable public sector pay rises.
It comes after the OECD think tank warned last week that pressure for “excessive public sector wage increases” could return due to the absence of a wage setting process that would take account of economic competitiveness.
Professor Peter Clinch, chair of the National Competitiveness Council (NCC), said that a...
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